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10-03-2024
Business

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Waterway Corporation was organized on January 2, 2020. During 2020, Waterway issued 39,900 shares at 24 per share and purchased 6,000 shares of treasury stock at26 per share. What is the total amount of cash received from the issuance of shares?
1) 960,000
2) 954,000
3) 1,014,000
4) 1,020,000

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